-The Hindu Business Line The Centre and States must eschew the politically expedient option of loan waivers and look for long-term solutions The sweeping wave of loan waivers has generated serious debates across the country on their economics and likely outcomes. Till date 12 States have announced loan waiver amounting to more than Rs.2 lakh crore. Loan waiver cannot be a solution to address the agrarian crisis, instead the government must look for...
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The DeMon's alternative -Venky Vembu
-The Hindu Business Line If the Centre had stuck to its ‘minimum government’ promise, it may have met the note-ban goals – without the pain In a New Year’s Day interview to a news agency, Prime Minister Narendra Modi revisited his government’s demonetisation move of November 2016. Perhaps this was born of the realisation that the notebandi decision and its impact on the economy would likely define the NDA government’s term in...
More »Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma
-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...
More »Another Lifeline Smothered: MGNREGA in Shambles -Samarth Grover
-The Economic Times Even though the scheme had been ranked as the world's largest public works programme by the World Bank, it is being systematically undermined with illegal restrictions on its budget allocation, severe payment delays and low wages. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been a tried and tested measure to target rising unemployment and ease rural distress in the country. The Rural Employment programme, which guarantees 100...
More »'A silent green revolution is still on in the country' -TV Jayan
-The Hindu Business Line Silencing the critics of Indian green revolution, who have been arguing that its achievements were short-lived and that a fatigue had set in a long ago, a senior Indian Council of Agricultural Research (ICAR) official on Friday said there is ample proof to show that the country is still going through a green revolution which is rather a silent one. The productivity gains of Indian agriculture in the...
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